Millcreek, Ut July Market Insider

Housing Market Trends Sold vs Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

 

 

Housing Inventory Trends

The number of active listings in SALT LAKE CITY (84106) dropped by 1.9% from the previous month.

The median number of days active properties have been listed is 21. This is significantly shorter than the national average.

The number of sales in January dropped by 57.4% from the previous month.

 

 

Property Ownership

The percent of unoccupied properties is very low in SALT LAKE CITY (84106) . It is 8.86% below the national average.

The percent of rental properties in SALT LAKE CITY (84106) is 17.45% above the national average which is typical for urban areas

 

 

 

 

$393,170  -- Median price of home                                21 Median Days on the Market

132 Active Listings                                                       2.3% Distressed Sales/Foreclosures

 

As you can see the real estate market is strong and if you would like more information on the Millcreek area or your area click Market Insider for all your real estate information.

 

Also, thinking about selling, click Awesome Home Evaluation and I will make sure you receive the information you requested.. Also since I have been selling real estate for over 40 years I can give you information on how to obtain the highest value for your property, in the shortest amount of time with the least amount of inconvience.